BlackRock tokenizes MMF on Hedera
Archax, a London-based digital asset exchange, tokenized the BlackRock ICS US Treasury money market fund (MMF) on the Hedera (HBAR) blockchain. Collaborating with the HBAR Foundation and Ownera, Archax brought the MMF to Hedera. This milestone follows Hedera Council member abrdn's successful tokenization of its MMFs on Hedera last year.